Topic: trade makes me poor (Read 3480 times)
we should never invest (even in trading) more than we are willing to lose, and then we also need to diversify ours investments, bet a little on trading, some on dividends / staking, and some on bounty / airdrops...
Trade will only make you poor if you allow it. 2018 has taught me a serious lesson about holding for too long. I have now learned how to cut my losses whenever a coin I am trading is going down in price. You should employ similar techniques when you are trading so at least when you cut your losses you will not lose too much and thus, won't get poor
And you will not stuck inside the project and unable to move forward due to the fact that you are still trapped waiting for the coin to bounce back, you need to change style of strategy and keep depending from how the market is moving, every situations can be adopted it's a matter of how you will dwell with previous failures and make it as a good example to create more positive progress after. 
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
Exactly!! But it is only true when you do not have any knowledge about it. Have you ever questioned why there are always winners?When you don't have tradecoin knowledge, it means gambling. But not really. If you want to win, you must learn carefully about chart analysis. The psychology of players and good information about the project is also important.
With the price hike reduced. In this market. Those who have profited. They are doing just profit.If you do not understand the position of the market, then you will be lost. So well know and understand.
to understand the market you just need to collect experience and then you will learn. you can learn from experts but it is very expensive
Trading crypto can make you sick;) everything manipulated, low volume trades) I stoped my trades) to save my brains)
It's better to stay away if you are unsure to what will it takes after realizing the market, if you can't work with this kinds of manipulations and you are not willing to take your chances then feel free to choose other venues of investing your money, only people who have a good nerves can continue and find ways to work things out from this industry. 
With the price hike reduced. In this market. Those who have profited. They are doing just profit.If you do not understand the position of the market, then you will be lost. So well know and understand.
to understand the market you just need to collect experience and then you will learn. you can learn from experts but it is very expensive 
Trading crypto can make you sick;) everything manipulated, low volume trades) I stoped my trades) to save my brains)
It was a very large amount. What coins did you buy? Did you not check information about that coin?
That is the biggest mistake. In trading, you must continue to look for information about the coins you want to buy. The most forbidden thing to do in trading is that you buy coins because you don't want to miss when prices are rising. It can make you lose in an instant.
Yes, on the growth of shopping, I also think it is wrong. I myself trade and buy coins only with a significant drop in price. So far, such a strategy is profitable. That is the biggest mistake. In trading, you must continue to look for information about the coins you want to buy. The most forbidden thing to do in trading is that you buy coins because you don't want to miss when prices are rising. It can make you lose in an instant.
If you think trading is unhealthy anymore then please stay away from it for a while, reflect and then go back from the basic or collect all necessary learnings you should have to learn. Your past mistakes will be your roll to become successful in your next trades. Just learn from it and be the best as you can if ever you decided to go back to trading. Losses is a natural thing in trading but we can control our losses by integrating some stop loss.
You should use a security such as cutloss, if the price moves do not match what you expect. by using cutloss, you will avoid big losses. Unlike investment, where you are not too affected by volatility, because of the long term. try changing the strategy and the selection of good coins, good luck to you
If trade makes people rich. I am sure it will be done by everyone. In trading, certainly not just from trading, but you must have a strategy in buying or selling. With that you will definitely not experience losses.
very true that you convey in your opinion because of any investment that we must know all the risks that we will get in these investments and by knowing the risks of losses can be reduced and not make the investment a fatal loss 
the concept of trading is to buy at low prices and sell at prices as high as high. if you vice versa then the loss will be obtained. need knowledge and experience if you want to trade ... it's not easy to guess the market price.
You will never get more money at the beginning of your journey. In order to learn how to trade, you need to lose enough. And learn it hard. But it's worth it.
If trade makes people rich. I am sure it will be done by everyone. In trading, certainly not just from trading, but you must have a strategy in buying or selling. With that you will definitely not experience losses.
profit and loss is a risk that must be borne by the traders, and to avoid these losses it is better we have some basic knowledge in trading, such as being able to analyze the right price movements and most importantly in my opinion being a trader must know when to start and when to stop, So we can avoid big losses
If trade makes people rich. I am sure it will be done by everyone. In trading, certainly not just from trading, but you must have a strategy in buying or selling. With that you will definitely not experience losses.
yes trading make me poor too, thats why i decide to never do it again, holding bitcoin and staking some coins is better for me now. All i need just reinvest everytime i have money
Who knew that Bitcoin would be the best in the cryptocurrency market - the most profitable cryptocurrency asset. I won’t allow myself to trade anymore, just holding on to Bitcoin.
yes trading make me poor too, thats why i decide to never do it again, holding bitcoin and staking some coins is better for me now. All i need just reinvest everytime i have money
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
I have experienced such before and here is the secret that actually helped me out of the frustration. If you want to get yourself acquitted with trade, ensure you never trade with one single coin or token because it can be frustrating. Always change your coins depending on the market movement.
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
not much different from gambling - that’s why you lost money. trading is a job and very hard job
Day trading is one of the toughest and most stressful ways to earn money. Mid-term and long-term investing is much easier and straightforward, but you must have patience.
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